The Methanol Institute and DNV GL aims to provide shipowners with the information they need to make decisions about adoption of methanol as a viable bunker...
Stena Immortal a 49,646 dwt MR tanker received her first delivery of Bio Fuel Oil during its recent call at the Port of Rotterdam on a...
Few cases of ISO 8217:2017 (bunker fuel standard for marine distillate fuels) found to be inadequate; IUMI engaging parties to reduce risk of bunkers not meeting...
Built by Shanghai Waigaoqiao Shipbuilding and Guangzhou Shipbuilding, the vessels will be delivered by 2023 and leased to Shell by the Bank of Communications.
Company has reached settlement agreements with creditors Toyota Tsusho Corporation, Broad Action Limited, and Luso International Banking Ltd in Hong Kong.
PetroChina expects the global oil market to remain oversupplied and prices low this year, and takes "active measures" to deal with the risk of crude price...
Package not only includes monetary assistance for companies, individuals and seafarers but also educational support to ready the industry for post COVID-19 realities.
MPA, SMOU, SOS, and SSA are calling upon ships in the Port of Singapore to sound their horns for 15 seconds at 12 noon (Singapore local...
Current low bunker price environment and high tanker rates are temporary and once the situation normalises, more attention will go to increasing voyage earnings.
Production of fuel oil for the export market, especially bunker streams and LSFO, reached an average of 295 kbpd in Q1 2020, an 18.5% increase from...
